Vector autoregressive models should be used for forecasting if the series being studied are cointegrated.
Answer the following statement true (T) or false (F)
False
Rationale: FEEDBACK: Error correction models should be used for forecasting if the series being studied are cointegrated.
Economics
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If a particular choice that an individual faces gives him a benefit of $20 but costs $30, the net benefit from making this choice equals:
A) $20. B) $10. C) -$10. D) -$30.
Economics
An increase in Meta's wealth from $3,000 to $6,000 raises her utility from 80 units to 100 units. If she is risk averse, with a wealth of $9,000 her utility might be
A) 99 units. B) 114 units. C) 120 units. D) 126 units.
Economics